Word: taxed
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...gift bags will still be given out at this year's Emmys, however. A TV Academy spokeswoman says that the letters informed presenters of the tax consequences and guidelines of accepting swag. After that, it?s between a presenter and his or her accountant. ?For this year?s Emmys, it?s happening,? she says of the gift bags. ?It?s premature to have any decision or conversation right now about what will happen in the future...
...Sports Club L.A. (with facilities in a half-dozen other locations), a string of real pearls, Dooney & Bourke leather rolling luggage, a 365-day supply of Dove chocolates and Sprint Fusic mobile phones, which retail for $329 each. Just how much the IRS gets is between them and their tax accountants...
...Schwarzenegger, whom he accused of advancing an agenda he described as "little more than a special-interest shopping list." Offering his plan for "renewing the promise of California," he pledged that in his first hundred days he'll propose more spending on education, infrastructure and renewable energy, along with tax cuts for the middle class and small businesses. He said he'll also lower property taxes for some low-income seniors and roll back public college tuition hikes Schwarzenegger implemented, while fighting for a minimum-wage hike and offering plans to expand child health-care coverage...
...With three months until election day, the tax issue is shaping up to be a significant battleground. To pay for his programs, Angelides has previously said he'll raise around $5 billion in new taxes on the wealthy or big corporations. The Governor's campaign contends that the total tax bill for the Angelides agenda will be more than three times that and called his tax-cut plan a disguise. Just as Angelides was finishing his speech, Schwarzenegger held a press event with tax-cut advocates, reiterating his pledge not to raise taxes and touting his tax-relief record...
...Still, the Angelides strategy - particularly the tax cut plan - has energized his campaign for the moment, and might help to inoculate the Democrat somewhat from Republican attacks that he's a tax-and-spend liberal, says Sherry Bebitch Jeffe, political analyst and senior scholar at USC, who was at the back of the room listening to his remarks. Additionally, she said, "Angelides now seems to have a message and a focus that could force the Governor to narrow his message in a way that disturbs his carefully constructed coalition [of disparate independents and mainstream GOP voters]. If that happens, this...